Akon net worth explored as he pays $850K to ex-biz partner in ongoing suit
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Akon, the popular singer is yet again in limelight but now for his net worth as he is paying $850k to his ex-biz partner for the lawsuit. While the singer is professionally successful. Netizens have recently tried to know how much the singer-songwriter earns. Though the actor is under a lawsuit. He recently paid some amount to his ex-biz partner.
Read ahead to know more about Akon and his net worth.
Akon has an ongoing lawsuit against the singer
As per available reports on the internet. The popular singer is under lawsuit that has been bought by Devyne Stephens. Stephens in total has put a lawsuit of $4 million against the singer. While Stephens has claimed that the singer already owes to pay him from an earlier settlement of the year 2018.
The lawsuit continues to be still going. However, Akon has definitely paid an amount to Stephens in the context of the lawsuit. Yet the amount paid by the singer has made everyone estimate the net worth of the singer. Not to forget, Stephens is actually a music executive who has worked with many other stars as well.
Akon has paid 850k in part of the settlement for a lawsuit
While the estimated amount of the lawsuit for $4 million was bought in the year 2021 by Stephens. The reports on the internet suggest that the singer has paid an amount of 850k for the lawsuit. However, that amount certainly just completes only a part of the lawsuit.
In March, Stephens even wanted to have the singer’s New York assets to be frozen for ease in the settlement of the lawsuit. The case between the duo however still continues where it is reported that the singer still owes Stephens a sum of $3 million as royalties.
Akon Net Worth Explored
While the recent limelight in the life of Akon is all about the lawsuit and its settlement. We have known that everyone is trying to know how much the singer and songwriter earns. To find the net worth of the singer, netizens have been looking for an estimated amount that represents his income.
Well, as such we came to know that the singer is given an estimated net worth of $80 million. However, that’s the estimation stated on the website on the internet. $80 million is however an estimated net worth as of the year 2022.
Ruchi Singh
I'm a passionate writer who believes in the magic of words. I'm a former magazine writer and I love reading books that makes people grow to a better person. Every word holds an energy and I use them to create a positive beautiful life. #StayPositive #StayBlessed
